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Job Change? Ten Tax Tips – Things to discuss with your tax advisor

Sklover Working Wisdom

COBRA and unemployment benefits are taxable, as well – Regardless of whether an employee resigned or was terminated, sometimes former employers pay health premiums or reimburse their former employees’ insurance premiums for a period of time. Those whose former employers are paying either all or some portion of their post-employment health insurance premiums should understand that any such employer payments are taxable income to the employee.

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